The FED will NOT stop printing. Period. We are currently taking their word for how much money they are printing. What is it allegedly now? $65 Billion a month? How do you know they aren't really printing a trillion a month? Answer: you don't. We can't audit the Fed to find out. They could be printing like MOFO's in the backround and keeping the stawk market on the up escalator, all while they are telling us they are tapering. Markets that go down are bad for Keynesian politicians trying to buy votes. They don't like down markets.

Remember the "we have to lie when things get really bad" meme? I think everything they say is a lie.

In reply to your bit about taking the Fed's side over the cattle grazer, I'll say I do not support some cattle guy's right to gaze his cattle anywhere he pleases with no supervision. Federal land is also my land and I'd just as soon the shit kickers didn't have free reign with their bovines. If you see sticking up for my rights as siding with the Feds, so be it.

How are the cows tresspassing so much worse than 11 million coming across the border. Obviously we have to send in troops on the cows, a rancher and his wife. The ranchers and wives being over run and killed by the 11 million need no troops.

Once you accept the collectivist idea, the entire framework of private property is finished.

In short, dear fedgov (represented by a piece if paper, not flesh and blood human), come face me in court so I can face my accuser. It can't, therefore it does not exist consistent with private property.

Show me who was damaged by injury or property that is owned by a flesh and blood individual.

A victimless crime is no crime.

The concept is called LIBERTY! There are lots of principals worth risking loss of life for. This one is nearly at the foundation of them all!

8.17 To exercise exclusive legislation in all cases whatsoever, over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States, and to exercise like authority over all places purchased by the consent of the legislature of the state in which the same shall be, for the erection of forts, magazines, arsenals, dockyards, and other needful buildings;--And

I downvoted your OT remark for a few reasons. One, it's off topic. Two, the grazers were there before the BLM even came to be. I guess the idea of homesteading is only allowed when the Feds say it is. Three, the m.o. for killing and stealing Bundy's property has nothing to do with the turtles, but because the US government wants to frack there.

At the end of the day, no one will ever get away from the USG's oil and petrodollar without violence, theft, and deceit. Carry on central government lover. Carry on.

Agreed. Whatever excuse any agency, politician, or government body professes to be the reason for their violence is ALWAYS a lie. The actions will always be realted to power over the people and resources, control over the people and resources, and theft in general.

The Federal Reserve had to save the economy? Bullshit, they had to save their cronies.

The US Military had to promote democracy in Iraq? Bullshit, they had to save their petro dollar.

The list can go on forever. I wish the fucking revolution would start by everyone withdrawing their consent already.

The fact that the family has been grazing cattle there for over a hundred years, and that the turtle is still found there and is endangered apparently everywhere else strikes at the heart of the Fed's argument that they rancher is causing damage. But the overreach is everywhere...

1. Oregon farmer is going to jail because he built a pond on his property.

2. Michigan farmer going to jail for raising hogs with the wrong tails. Seriously, their tails don't meet goverment standards and are deemed feral by default.

3. Wisconsin farmer going to jail for selling the same cheese he always has because he doesn't go through the state licensed agency. Seriously, his own industry a non-government agency was given control of his industry and tells him his cheese is bad. Can't even have it tested to see if it's not except at their testing facility. Guess what they, and only they found?

An illegal sale is to none effect. It is invalid, it only remains for you to physically back it up. This is an opportunity, when the new owners show up, you can let them know they have been had and if they don't like it, then come and take it if you can!

It's not. They like the idea of you thinking so, but really, they don't count you in the club at all. To the Feds or any state entity for that matter, you are just a tool to be used, abused and throw away after use. Telling you you are part of the club is like mental qualitative easing, but that's all it is.

Only difference now is the 'front guard' has quit or retired on the FED and healthcare. Will the rear guard be as aggressive, avid, and faithful ? Will the props and facades buit by fiat fall in the gentle wind of truth ?

If you consider either the bond market implodes or the stock market does which do you think the Fed would rather say let go down? I think it's rather obvious the stock market will be the one to let the proverbial air out of. Assuming of course you don't keep both up by printing the dollar to worthless paper. If the Fed decided the reserve currency is important they will now stop printing by yeas end. The stock market being a 6 month forward indicator is telling you this printing cycle is over.

Can someone please explain why traders are buying the euro after that brutal takedown in European equity markets and lousy macro news? I realize the Fed. won't be raising rates anytime soon and that's dollar negative, but winding down asset purchases should offset that.

There's something odd going on here. The macro U.S. news was positive this morning and the dxy barely budged. There's massive flows of dollars flowing into Europe and I'm wondering if it's bond related (selling) to keep yields above the %2.60 area.